Mike Wheatley
Latest from Mike Wheatley
Kyndryl wants to help enterprises leverage their most sensitive data in AI workloads
The information technology consultancy Kyndryl Holdings Inc. said today it’s ready to help enterprises deploy artificial intelligence in private cloud environments, where it can tap into their most sensitive data. The company has just announced the launch of its AI Private Cloud services, lending its expertise to help customers design and deploy “enterprise-grade AI solutions” that ...
Bauplan raises $7.5M to automate data infrastructure as code for AI software developers
Serverless data platform startup Bauplan Inc. wants to help software developers automate their big data infrastructure with code after raising $7.5 million in seed funding today. The round was led by Innovation Endeavors and saw participation from angel investors such as the renowned software developers Wes McKinney and Aditya Agarwal, plus the data scientist Chris ...
Gong debuts AI agents to supercharge business revenue operations
Sales management software startup Gong said today it’s expanding its push into artificial intelligence with the launch of a host of AI agents dedicated to improving the lives of revenue teams. The company, formally Gong.io Inc., said its AI agents are designed to help organizations drive better revenue outcomes by integrating into almost every aspect of ...
Nvidia faces $5.5B sales hit from new constraints on H20 chip exports to China
Chipmaker Nvidia Corp. has been hit by new U.S. restrictions targeting the export of its specialized H20 graphics processing units to China. The policy change, implemented this week, will cost the company billions of dollars as it renders a product line designed to comply with earlier curbs on China essentially useless. In a regulatory filing ...
Deepgram’s Aura-2 is a high-performance text-to-speech engine built for business interactions
The speech recognition-focused startup Deepgram Inc. today launched a new text-to-speech model called Aura-2, saying it will be a game-changer for real-time voice applications. According to the startup, Aura-2 is built for clarity, consistency and low-latency performance, enabling much smoother, more fluid and natural conversations between humans and artificial intelligence-powered chatbots. It can be used in ...
TheStage AI steps into the limelight after raising $4.5M to automate model fine-tuning
TheStage AI Inc., a startup that’s optimizing artificial intelligence to run better at lower costs, has just announced a $4.5 million funding. Today’s round was led by Mehreen Malik, the founder of ML Capital Investment, and saw participation from other angel investors, including Dominic Williams, founder of the DFINITY Foundation. DVC, Atlantic Labs and AAL ...
Tapcheck taps investors for $225M to help employees get paid before payday
Earned wage access startup Tapcheck Inc. said today it’s looking to expand on-demand pay access to millions of new workers after raising $225 million in funding. The money comes from a $25 million Series A extension round led by existing investor PeakSpan Capital, plus a $200 million credit facility provided by Victory Park Capital. Tapcheck, ...
Tech industry braces for fresh tariffs as Trump insists nobody is ‘getting off the hook’
Just when the technology industry thought it was safe from U.S. President Donald Trump’s trade tariffs, the White House has done a U-turn, walking back an exemption announced on select electronics late Friday. Commerce Secretary Howard Lutnick said Sunday that the decision to exempt a range of electronic devices from the tariffs introduced earlier this ...
Silicon photonics startup nEye raises $58M to light up AI data centers
Optical networking chip startup nEye Systems Inc. wants to become the nerve center for artificial intelligence data centers after closing on $58 million in funding from a host of big tech heavyweights. Today’s Series B round was led by CapitalG, a growth-stage fund backed by Google LLC’s parent company Alphabet Inc., and saw participation from ...
Amazon’s Andy Jassy reiterates the need to spend billions on building out AI infrastructure
Amazon.com Inc. Chief Executive Andy Jassy doubled down on the need for his company to invest heavily in artificial intelligence infrastructure, saying it must spend billions of dollars now to be able to participate in a “once-in-a-lifetime reinvention of everything we know.” The comments from Jassy (pictured) came in his annual letter to shareholders, where ...